Non-life

csiro-ica-stress-governance-framework-guardrails-in-ai-adoption-for-australias-insurance-sector

CSIRO, ICA stress importance of governance framework, guardrails in AI adoption for Australia's insurance sector

August 26 2025

New CSIRO-ICA report outlines AI applications for rising premiums and climate risks, but warns transformation requires consumer protection safeguards.

Quantum’s cyber hotline aims to bridge response gap for Asia's cyberattack victims

August 25 2025

Loss adjusting and claims management business has launched a free AI chatbot that offers cyberattack assistance, while developing a commercial backend that insurers can leverage to enhance their servi...

south-koreas-financial-regulator-to-announce-measures-for-mg-life-report

South Korea's general insurance market to reach US$28bn by 2029, but motor pressures remain: GlobalData

August 25 2025

New liability insurance mandates and demographic shifts will drive 3.8% annual growth despite motor segment pressures from electric vehicle risks.

Delta Insurance Group promotes Daniel Toebosch to lead Auckland Liability Team

August 25 2025

He has been with Delta since 2021, serving most recently as a Senior Underwriter and Team Leader.

etiqa-cebuana-lhuillier-launch-philippines-first-takaful-insurance-product

Philippines' Empire Insurance officially closes after two-year liquidation process

August 25 2025

Insurance Commission has completed liquidation proceedings for the non-life insurer, with a contingency fund established to handle remaining claims.

Asian reinsurers step up global expansion as protection gap persists: AM Best

August 25 2025

Overseas growth, stronger results, and cat bond innovation define 2024–25, but Asia’s low insurance penetration leaves risks exposed.

Japan FSA plans new bureau for insurance, asset management oversight: Reports

August 25 2025

The overhaul would be the agency’s first major restructuring since the abolition of its Inspection Bureau in 2018.

am-best-revises-malayans-outlook-to-negative-on-dismal-underwriting-due-to-nat-cat-risks

AM Best revises Malayan Insurance's outlook to negative citing underwriting pressure from nat cat risks

August 25 2025

AM Best affirmed Malayan's ratings due to its strong balance sheet and investment portfolio, but warned of volatile underwriting results.

IRDAI weighs cap on health insurance premium hikes, consultation paper expected soon: Reports

August 22 2025

IRDAI is considering caps on annual health insurance premium hikes amid concerns over steep price increases for policyholders.

Bipin Titus to the AXA XL Underwriting team in India

Bipin Titus joins AXA XL India as Underwriter for Liability and Cyber

August 22 2025

He brings over 16 years of industry experience, most recently serving as the Deputy Vice President of ICICI Lombard.

Berkley taps Kenneth Cheong as Deputy Head of Marine for Asia

August 22 2025

Cheong brings more than 25 years of experience in marine cargo underwriting.

India’s GI premiums inch up in July; fire and PA offset declines

August 22 2025

Country's general insurance market grew 2.4% in July 2025, but marine slumped, while health lost momentum.

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